Advisor Group Holdings Inc. buys 116,290 shares of Lloyds Banking Group plc (NYSE:LYG) and more Latest News Here


Advisor Group Holdings Inc. increased its position in Lloyds Banking Group plc (NYSE: LYG – Get Rating) by 44.4% in the first quarter, according to its latest 13F filing with the Securities and Exchange Commission. The company held 378,461 shares of the financial services provider after acquiring an additional 116,290 shares during the quarter. Advisor Group Holdings Inc.’s holdings in Lloyds Banking Group were worth $1,292,000 as of the date of its last SEC filing.

Several other hedge funds and other institutional investors also changed their holdings of LYG. Gluskin Sheff & Assoc Inc. bought a new position in shares of Lloyds Banking Group during Q4 for a value of approximately $11,947,000. Janney Capital Management LLC bought a new position in shares of Lloyds Banking Group during Q1 for a value of approximately $9,728,000. Bank of America Corp DE increased its position in Lloyds Banking Group shares by 124.3% during the 4th quarter. Bank of America Corp DE now owns 6,602,005 shares of the financial services provider worth $16,835,000 after purchasing an additional 3,658,022 shares during the period. Northern Trust Corp raised its position in Lloyds Banking Group shares by 17.3% during the fourth quarter. Northern Trust Corp now owns 10,649,272 shares of the financial services provider worth $27,155,000 after buying an additional 1,570,999 shares during the period. Finally, Dimensional Fund Advisors LP increased its position in Lloyds Banking Group shares by 17.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 7,926,528 shares of the financial services provider worth $20,211,000 after purchasing an additional 1,184,602 shares during the period. Institutional investors hold 1.41% of the company’s shares.

Lloyds Banking Group shares fall 3.7%

NYSE LYG opened at $2.10 on Friday. The stock has a 50-day moving average of $2.10 and a 200-day moving average of $2.29. The stock has a market capitalization of $36.25 billion, a P/E ratio of 6.56, a price-to-earnings growth ratio of 0.20 and a beta of 1.28. Lloyds Banking Group plc has a 52 week low of $1.90 and a 52 week high of $3.00. The company has a debt ratio of 1.70, a quick ratio of 1.14 and a current ratio of 1.14.

Lloyds Banking Group cuts dividends

The company also recently declared a semi-annual dividend, which will be paid on Thursday, September 22. Shareholders of record on Monday August 8 will receive a dividend of $0.0385. The ex-dividend date is Friday August 5th. This represents a dividend yield of 4.7%. Lloyds Banking Group’s dividend payout ratio is currently 25.00%.

Wall Street analysts predict growth

Several equity analysts have recently commented on LYG shares. Barclays raised its price target on Lloyds Banking Group from GBX 52 ($0.63) to GBX 55 ($0.66) in a Friday, July 29 research report. Royal Bank of Canada raised its price target on Lloyds Banking Group from GBX 42 ($0.51) to GBX 45 ($0.54) in a Thursday, July 28 report. Credit Suisse Group raised its price target on Lloyds Banking Group from GBX 71 ($0.86) to GBX 72 ($0.87) in a Thursday, July 28 report. UBS Group raised its price target on Lloyds Banking Group from GBX 58 ($0.70) to GBX 61 ($0.74) in a Thursday, April 28 report. Finally, Deutsche Bank Aktiengesellschaft raised its price target on Lloyds Banking Group from GBX 61 ($0.74) to GBX 64 ($0.77) in a Friday, July 29 report. One analyst assigned the stock a sell rating, three issued a hold rating and eight issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $59.00.

About Lloyds Banking Group

(Get a rating)

Lloyds Banking Group plc, together with its subsidiaries, provides a range of banking and financial services in the UK. It operates through three segments: Retail; The Commercial Bank; and insurance and heritage. The Retail segment offers a range of financial services products, including current accounts, savings accounts, mortgages, auto finance, unsecured loans, leasing solutions and credit cards to individuals and to small businesses.

Further reading

Want to see what other hedge funds own LYG? Visit HoldingsChannel.com for the latest 13F filings and insider trading for Lloyds Banking Group plc (NYSE:LYG – Get Rating).

Institutional ownership by quarter for Lloyds Banking Group (NYSE:LYG)

Receive daily news and reviews for Lloyds Banking Group – Enter your email address below to receive a concise daily summary of the latest news and analyst notes for Lloyds Banking Group and related companies with MarketBeat.com’s FREE daily email newsletter.

Advisor Group Holdings Inc. buys 116,290 shares of Lloyds Banking Group plc (NYSE:LYG) and breaking news

I tried to give all kinds of news to y’all latest news today 2022 through this site and you will like all this news very much because all the news that we always give in this news is always there. It’s on a trending topic and regardless of the latest news

it was always our effort to reach you that you continue to get the Electricity News, Degree News, Donation News, Bitcoin News, Trade News, Real Estate News, Gaming News, Trending News, Digital Marketing, Telecom News, Beauty News, Banking News, Travel News, Health New, Cryptocurrency News, Claims News the latest news and you always keep getting the news information for free through us and also tell people. Give that any information related to other types of news will be

Advisor Group Holdings Inc. buys 116,290 shares of Lloyds Banking Group plc (NYSE:LYG) and more

All this news i made and shared for you, you will like it very much and we keep bringing you topics like every time so you keep getting hot news like trending topics and you It’s our goal to be able to have

all kinds of news without going through us so that we can reach you the latest and best news for free so that you can go further by getting the information of this news with you. Later we will continue

to provide information on more world news update today types of latest news through posts on our website so that you always keep moving forward in this news and whatever type of information will be there, it will definitely be passed on to you.

Advisor Group Holdings Inc. buys 116,290 shares of Lloyds Banking Group plc (NYSE:LYG) and more today

All this news that I have brought you or will be the most different and best news that you will not get anywhere, as well as the information Trending News, Latest News, Health News, Science News, Sports News, Entertainment News, Technology News, Business News, World News of this made available to you all so that you are always connected with the news, stay ahead of the game and continue to today’s news all types of news for free till today so you can get the news by getting it. Always take two steps forward

Credit goes to news website – This news website from the original content owner. This is not my content so if you want to read the original content you can follow the links below

Get original links here🡽